Related papers: Bubble burst as jamming phase transition
This paper develops a dynamic equilibrium model where agents exhibit a strong form of belief heterogeneity: they disagree about zero probability events. It is shown that, somewhat surprisingly, equilibrium exists in this setting, and that…
Despite the fact that the phenomenon of bursting activity is important for functioning of living neural networks, the mechanisms of its origin are still not clear. In this paper, we propose a new phenomenological model that can explain the…
In this work we study the imprints of bubble nucleation on primordial inflationary perturbations. We assume that the bubble is formed via the tunneling of a spectator field from the false vacuum of its potential to its true vacuum. We…
Considerable effort has been expended over the last 2 centuries into explaining the behavior of fluid flow after the onset of turbulence. While perturbations in the velocity field have been shown to explain turbulent transitions, a physical…
Understanding how cities transition from free-flowing to congested traffic remains a central open problem in urban science. Here we show that city-scale congestion undergoes a reproducible nonlinear transition analogous to an order-disorder…
Statistical analysis of financial data most focused on testing the validity of Brownian motion (Bm). Analysis performed on several time series have shown deviation from the Bm hypothesis, that is at the base of the evaluation of many…
We investigate diffusion in supersonic, turbulent, compressible flows. Supersonic turbulence can be characterized as network of interacting shocks. We consider flows with different rms Mach numbers and where energy necessary to maintain…
The study of gas bubble dynamics in liquids is justified by the numerous applications and natural phenomena where this two-phase flow is encountered. Gas bubbles move as forces are applied to them; their dynamics are full of nuances that…
We study the phenomenon of jamming in driven diffusive systems. We introduce a simple microscopic model in which jamming of a conserved driven species is mediated by the presence of a non-conserved quantity, causing an effective long range…
This paper shows how particle hopping models fit into the context of traffic flow theory. Connections between fluid-dynamical traffic flow models, which derive from the Navier-Stokes-equations, and particle hopping models are shown. In some…
The randomization effect of the two-way (particle-flow) interaction has been studied and quantified using the notion of distributed chaos and the results of numerical simulations and laboratory measurements. It is shown, in particular, that…
Quasi-equilibrium models for aggregate variables are widely-used throughout finance and economics. The validity of such models depends crucially upon assuming that the systems' participants behave both independently and in a Markovian…
We analyze access statistics of several popular webpages for a period of several years. The graphs of daily downloads are highly non-homogeneous with long periods of low activity interrupted by bursts of heavy traffic. These bursts are due…
In this work we study the effect of a traffic light system on the flow of a single lane road by proposing a traffic model based on a cellular automaton that also includes behavioral considerations. We focus on the macroscopic…
We investigate density perturbations in the chain inflation scenario, where the inflaton undergoes successive tunneling transitions along one field direction. First we show that when the bubble walls associated with such a phase transition…
Physical concepts developed to describe instabilities in traffic flows can be generalized in a way that allows one to understand the well-known instability of supply chains (the so-called ``bullwhip effect''). That is, small variations in…
A network of coupled time-varying systems, where individual nodes are interconnected through links, is a modeling framework widely used by many disciplines. For identical nodes displaying a complex behavior known as chaos, clusters of nodes…
We develop a theoretical trading conditioning model subject to price volatility and return information in terms of market psychological behavior, based on analytical transaction volume-price probability wave distributions in which we use…
Bubble-particle collisions in turbulence are central to a variety of processes such as froth flotation. Despite their importance, details of the collision process have not received much attention yet. This is compounded by the sometimes…
We consider a banking network represented by a system of stochastic differential equations coupled by their drift. We assume a core-periphery structure, and that the banks in the core hold a bubbly asset. The banks in the periphery have not…